Apple Card Savings cuts interest rate again

By news@appleinsider.com (William Gallagher) Originally marketed as a high-yield account, Apple Card Savings has once more had its interest rate reduced.Apple Card Savings has cut its interest rate againFollowing its first cut from 4.5% to 4.4% in April 2024, the annual percentage yield (APY) for Apple Card Savings is now to be 4.25%. That’s still higher than the savings account’s original 4.15% in 2023, however.When the account first launched, that rate was not the best but was considered high yield. Subsequently, though, many other banks have increased their APY. Continue Reading on AppleInsider | Discuss on our Forums

Source:: Apple Insider